COPT DEFENSE PROPERTIES (CDP) Income statement

Market cap

$3.7B

P/E ratio

24.4x

	2010/12	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Revenue	564	557	528	523	586	625	574	613	578	641	609	664	739	685	753	764
Revenue growth (%)	-
Cost of revenue	-	-	71	59	100	103	45	100	58	110	-	-	-	-	-	-
Selling, general & administrative	-	-	32	31	32	31	37	31	29	35	33	36	36	43	47	48
Operating margin (%)									-	-	-	-	-	-	-	-
Operating expenses	433	553	432	381	455	505	522	477	434	485	449	496	558	749	540	534
Operating income	131	4	96	142	132	120	52	136	-	-	-	-	-	-	-	-
Income before tax	39	-123	8	37	35	121	-26	65	76	198	101	77	148	-73	144	158
Pretax margin (%)	6.9	-22.1	1.4	7	5.9	19.3	-4.6	10.6	13.1	30.9	16.6	11.6	20	-10.7	19.1	20.6
Provision for income taxes	0	-11	0	2	0	0	0	1	-0	-0	0	0	0	1	0	1
Effective tax rate (%)
Net income	46	-118	21	102	45	189	16	76	79	200	103	82	179	-74	144	160
Net income margin (%)
Earnings per share	0.43	-1.94	-0.03	0.83	0.25	1.74	-0.03	0.57	0.69	1.72	0.87	0.68	1.54	-0.67	1.23	1.35
Diluted EPS	0.43	-1.94	-0.03	0.83	0.25	1.74	-0.03	0.57	0.69	1.71	0.87	0.68	1.53	-0.67	1.23	1.34
Dividend payout ratio (%)	-
Dividend per share	-	1.65	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.1	1.14	1.18	1.22
EBITDA	-	-	-						-	-	-	-	-	-	-	-
EBITDA margin (%)	-	-	-						-	-	-	-	-	-	-	-